purse/wallet – la cartera
(Pronounced kahr-teh-rah)
To remember that purse/wallet is pronounced kahr-teh-rah (cartera) in Spanish, use the following mnemonic:
They stole our wallet and purse and drove off in a car, terrorizing (cartera) people.
Cartera is feminine so it's la cartera. Imagine a lady stealing wallets and purses.